Post the transactions to T-accounts. Be sure to enter the beginning cash and common stock balances. (Post en order of journal entries posted in part (a). Round answers to 0 decimal places, e.g. 5,275.) Cash 5/1 5/19 250 5/9 3332 5/24 5500 5/10 6732 5/27 1470 5/11 900 5/29 88 5/12 2100 5/31 5/15 230 5/31 5/31 Bal. Accounts Receivable 5/2 5/9 3400 5/31 120 Inventory 5/1 000 19 250 5/2 2300 5/24 100 5/5 200 5/25 800 Question 9 of 10 5731 FU Inventory 5/1 7000 5/19 250 5/2 2300 5/24 4100 5/5 200 5/25 800 5/10 6B 5/27 a 30 5/12 2100 5/29 80 5/15 230 5/31 880 5/17 1500 5/31 BEO Supplies 5/11 930 5/11 900 Accounts Payable 5/1 7000 5/17 1500 5/5 200 5/25 BOO 5/10 6800 5/25 1500 Common Stock MacBook Air Common Stock 5/1 7000 Sales Revenue S/2 3400 5/24 8900 5/31 10180 5/31 Bale 19120 Sales Returns and Allowances 5/29 88 Sales Discounts 5/29 5/29 88 . Cost of Goods Sold 5/2 5/2 . 5/24 5/24 6400 5/29 5/29 6320 5/31 Bal 8800 5/31 Bal 7200 MacBook Air Blossom Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May. Blossoms' ledger showed Cash of $7,000 and Common Stock of $7,000. May 1 Purchased merchandise on account from Black Wholesale Supply for $7,000, terms 1/10,n/30. 2 Sold merchandise on account for $3,400, terms 2/10, n/30. The cost of the merchandise sold was $2,300. 5 Received credit from Black Wholesale Supply for merchandise returned $200. 9 Received collections in full less discounts, from customers billed on May 2. 10 Paid Black Wholesale Supply in full, less discount. 11 Purchased supplies for cash $900. 12 Purchased merchandise for cash $2,100. 15 Received $230 refund for return of poor quality merchandise from supplier on cash purchase. 17 Purchased merchandise from Wilhelm Distributors for $1.500 terms 2/10.n/30. 19 Paid freight on May 17 purchase $250. 24 Sold merchandise for cash $5,500. The cost of the merchandise sold was $4,100. 25 Purchased merchandise from Clasps Inc. for $800. terms 3/10, 1/30. 27 Paid Wilhelm Distributors in full, less discount. 29 Made refunds to cash customers for returned merchandise $88. The returned merchandise had cost $80. 31 Sold merchandise on account for $1.280, terms n/30. The cost of the merchandise sold was $880. (a)